Third-Largest Crypto Exchange Huobi’s Derivative Market Now Includes EOS

The Huobi Derivative Market has added EOS contracts, which allows traders to take both long and short positions on the cryptocurrency. Cryptocurrency exchange Huobi’s derivative market now supports altcoin EOS, according to an official press release shared with Cointelegraph on Dec. 28. Huobi is currently the third-ranked cryptocurrency exchange by adjusted volume on CoinMarketCap, with […]

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2019 Will See Entry of More Institutional Players in Crypto, Says Asia Fintech PwC Leader

The fintech and crypto leader for Asia at PricewaterhouseCoopers (PwC) believes that many institutional players will enter the crypto space in 2019. Henri Arslanian, the Asia fintech and crypto leader of PricewaterhouseCoopers (PwC) Hong Kong, has predicted that many institutional players will enter the crypto industry in 2019. Arslanian made this claim during an interview […]

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Bloomberg: Wall Street Giants Postpone Entering Crypto Industry Amid Falling Prices

Bloomberg’s recent article claims that Wall Street’s “dreams” of crypto businesses are now shelved and “in limbo.” Wall Street giants are postponing their plans to more actively enter the crypto industry as the value of cryptocurrencies has fallen, Bloomberg reports Sunday, Dec. 23. The article begins: “Limbo — that’s where to find Wall Street when […]

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Pump-and-Dump Groups Become ‘Widespread’ as Market Remains Largely Unregulated

New research reveals the scope of crypto pump-and-dump schemes. The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very […]

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US Telecoms Giant Comcast to Make Blockchain Software Available in 2019

Telecoms giant Comcast will launch its blockchain platform Blockgraph in 2019 to improve the efficiency of TV marketing and advertising. American global telecommunications conglomerate Comcast aims to make its blockchain initiative Blockgraph commercially available in 2019, according to a press release published Dec. 21. “Comcast is currently working with NBCUniversal to test Blockgraph’s capabilities with […]

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PAX Stablecoin Exceeds $5 Billion in Transactions in First 3 Months

Paxos Standard (PAX), the U.S. dollar-backed stablecoin issued by blockchain trust company Paxos, has exceeded $5 billion worth of transaction volume. U.S. dollar-backed stablecoin Paxos Standard (PAX) has exceeded $5 billion worth of transaction volumes, according to a press release shared with Cointelegraph Dec. 13. As reported, PAX is an Ethereum (ETH) blockchain-based stablecoin, backed […]

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